A good bounce inbound after this monster sell off on OrangeJuiceAfter this monster sell off I have been looking for a good entry on the smaller time frame for a bounce back up to the large consolidation area around the .618 retracement of the move down shown here on the weekly.
I think I have got that on Wednesday with an open lower followed by a nice impulsive
ORANGE JUICE Testing Key Support: Will Buyers Step In?FUSIONMARKETS:OJ has reached a significant demand area that has historically attracted buyers, leading to bullish momentum. This support level aligns with prior price reactions and represents a strong foundation for potential upward moves.
If the support holds and bullish confirmation appears, suc
ORANGE JUICE : BULLISH TREND RESURGENCE- The market has registered higher highs and lows for 6-months ; the mid-term trend is then bullish
- Since the last market top, prices have registered another pull-back to $4.0774.
During this consolidation, the market has registered a rounding bottom pattern, highlighting the fact buyers remain p
Craze in orange juice. During COVID-19, we saw an increase in demand for orange juice/vitamin C as people strived to increase their immunity against COVID-19. For some households, this habit remained and orange juice became the go-to leisure juice.
This must have caused a squeeze on the existing supply as the demand caug
Orangejuice Strong Bullish long Hot Summer in EuropeAlongside apple juice, orange juice is one of the most popular juices in Central Europe. It is produced by pressing oranges and mandarins and has a sweet-sour taste. Use of the designation “juice” is defined in the Fruit Juice Regulation. According to this, drinks may only be labelled as juice if th
OJ Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for OJ is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 2.1151, where the 100% Fibonacci projection line and 23.6% Fibonacci line is. Stop loss will be at 2.2944, where the previous s
Orange Juice Potential For Bearish DropOn the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where
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Displays a symbol's price movements over previous years to identify recurring trends.